CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$1,699,0004,471 sq ft$380 /sq ft

, HOLLYWOOD, FL, 33023

Active51 days on marketListed Jun 2, 2026MLS #A12025025

About this property

The property at a glance

Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition. Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers. Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.

4,471

Building sq ft

$380

Price / sq ft

10,602

Lot sq ft

1959

Year built

2

Buildings

S-MU

Zoning

Income/MultiFamily

Property type

Building size4,471 sq ft
Lot size10,602 sq ft
Year built1959
Buildings2
ZoningS-MU
ParkingAssigned
ConstructionConcrete Block Construction
Annual taxes$21,434

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $424,750
Interest rate6.00%
Loan term

Estimated payment

$9,586/mo

Principal & interest$7,640
Property taxes (actual bill)$1,786
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tommy to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

52,500vehicles / day · 2025Sr-824/Pembroke Rd · Traffic count · Florida DOT
Map of

What’s nearby

Wells FargoBank0.2 mi
Bank of AmericaBank0.2 mi
CVS PharmacyBank0.2 mi
AldiGrocery0.3 mi
Save-A-LotGrocery0.3 mi
KiaRetail0.3 mi
WalgreensBank0.3 mi
Dairy QueenRestaurant0.4 mi
Brooklyn New York Deli PizzaRestaurant0.4 mi
The Home DepotRetail0.5 mi
Taco BellRestaurant0.5 mi
Pollo TropicalRestaurant0.5 mi
Miami Subs GrillRestaurant0.5 mi
Denny'sRestaurant0.5 mi
T-MobileRetail0.6 mi
Walmart SupercenterGrocery0.6 mi
Panda ExpressRestaurant0.7 mi
RaceTracGrocery0.7 mi
CheckersRestaurant0.7 mi
7-ElevenGrocery0.8 mi
MoneyPassBank0.8 mi
McDonald'sRestaurant0.8 mi
Burger KingRestaurant1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,663

Population

$47,620

Median income

38

Median age

3

Avg household

$265,133

Median home value

$1,445/mo

Median rent

498

Households w/ kids

Consumer profile

Engine EnthusiastTop 1%

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Wealth SignalingTop 1%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Hip Hop CultureTop 5%

Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.

Party LifeTop 6%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

NetworkingTop 9%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Film LoversTop 9%

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Your team

The pros in your corner

Tommy Trainer

Your agent

Tommy Trainer

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for .

See it in person

Schedule a tour

Live availability from Tommy's calendar — pick a time and it's booked.

Listing courtesy of ISRAM Realty & Management · Eyal Melamed. MLS #A12025025.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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